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No word on the amount of money involved, but ABC has been reporting that the former Egyptian president has as much as $70 billion. The Swiss government has also frozen the assets belonging to Tunisia's former president Zine al-Abidine Ben Ali, ousted by popular protests. By the way, Mubarak's family is said to own properties in London, Paris, Madrid, Dubai, Washington, New York and Frankfurt. (Reuters)
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.